| # | Serbian and Montenegrin First League | G | W | D | L | GF | GA | Pts | +- | ||
| - | Partizan Beograd | 33 | 26 | 6 | 1 | 88 | 17 | 84 | 71 | Champions | |
| - | Crvena Zvezda Beograd | 33 | 25 | 3 | 5 | 79 | 30 | 78 | 49 | ||
| - | FK Vojvodina Novi Sad | 33 | 15 | 8 | 10 | 49 | 35 | 53 | 14 | ||
| - | Hajduk Kula | 33 | 12 | 8 | 13 | 34 | 37 | 44 | -3 | ||
| - | Proleter Zrenjanin | 33 | 12 | 6 | 15 | 48 | 49 | 42 | -1 | ||
| - | Cukaricki Stankom Beograd | 33 | 11 | 8 | 14 | 35 | 46 | 41 | -11 | ||
| - | FK Zemun | 33 | 10 | 11 | 12 | 40 | 37 | 41 | 3 | ||
| - | FK Mladost Lucani | 33 | 12 | 5 | 16 | 45 | 59 | 41 | -14 | ||
| - | Rad Beograd | 33 | 10 | 10 | 13 | 33 | 38 | 40 | -5 | ||
| - | FK Buducnost Podgorica | 33 | 11 | 6 | 16 | 26 | 44 | 39 | -18 | ||
| * | FK Becej | 33 | 11 | 5 | 17 | 34 | 48 | 38 | -14 | Relegated | |
| * | Borac Cacak | 33 | 4 | 2 | 27 | 22 | 93 | 14 | -71 | Relegated |